Refer to the information provided in Table 25.1 below to answer ...

[cagreen833]

Question 1

Refer to the information provided in Table 25.1 below to answer the question(s) that follow.












Refer to Table 25.1. The required reserve ratio is 25%. If the First Charter Bank is meeting its reserve requirement and has no excess reserves, its loans equal

◦ $1,800.
◦ $1,000.
◦ $900.
◦ $600.

Question 2

Refer to the information provided in Table 25.1 below to answer the question(s) that follow.












Refer to Table 25.1. First Charter Bank's total assets are

◦ $400.
◦ $800.
◦ $1,200.
◦ $2,400

[dajones82]

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[cagreen833]

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[dajones82]

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